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Boehner: Dems' Financial Reform Would Create 'Politburo-Style' Council

John-boehner--3
Newscom

Boehner added:

The bill doesn't end Wall St. bailouts, it makes them permanent, and institutionalizes 'too big to fail.' This bill doesn't get the government out of the private sector, it creates a 'politburo-style' council of regulators who can seize any business and do almost anything they want to do with it.

Sound familiar?

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Eric Lach is a reporter for TPM. From 2010 to 2011, he was a news writer in charge of the website?s front page. He has previously written for The Daily, NewYorker.com, GlobalPost and other publications. He can be reached at ericl@talkingpointsmemo.com